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Category: Bankruptcy Proceedings

Citizens Plan To Drop, Refile Earthquake Claim Against Oklahoma Energy Giants

2 sets of Logan County residents have actually dropped legal action versus a quartet of Oklahoma energy companies. Lisa Griggs and April Marler declared their homes were damaged from earthquakes that were triggeredtriggered by New Rule and subsidiaries of Chesapeake Energy, Devon Energy, and SandRidge Energy. Brenda Lene and Jon Darryn Lene also say their […]

Caesars Suing Apollo To Stop Creditors From Suing Apollo

Caesars also announced a settlement with a smaller sized, lower-ranking lender who had actually brought claims that mirrored the bondholder allegations.According to a business regulatory filing Wednesday, Frederick Barton Danner agreedaccepted suspend his claim in New York, one of several that financial institutions have submitted against Caesars. Caesars concurredaccepted pay creditors like Danner 6.4 percent […]

Owner Of Boerne Produce Firm Faces Jail Time For Concealing Assets

The John H. Wood, Jr. Federal Courthouse at 655 E. Cesar Chavez. Curtis Harold DeBerry deals withconfronts 2 years in jail for hiding possessions throughout bankruptcy procedures as he triedaimed to bail out his stopping working business, Progreso Produce Ltd. His wife also pleaded guilty to helpingto assisting him hide possessions throughout the insolvency. less

Personal Bankruptcy And Other Procedures

Spain’s economy will probably grow more than anticipated this yearbut a bit less than at first forecast for 2017. The previous sentence is beginning to end up being standard in financial analysis institutes and worldwide organisations. But acknowledging, in basic, that the growth forecast for 2017 will exceed (even double) European development. We are talking […]

Purchaser Be Careful: A Sale “Free And Clear” Is Not Free And Clear Of Claims Whose Holders Were Not Offered Notice Of The …

The 2nd Circuits current opinion in The Matter of: Motors Liquidation Company, 2016 WL 3766237 (2nd Cir. 2016) should offer pause to all purchasers of assets from insolvency estates. This choice can be found in the personal bankruptcy procedures of General Motors, where the debtors possessions were offered by Old GM to New GM complimentary […]

Turkey Tightens Bankruptcy Post Ponement Routine

Turkey has tightened up its post ponement of bankruptcy routine. Bad faith debtors would routinely make use of the previous legal arrangements and court procedures, utilizing them to threaten or bargain with their creditors by denying them of enforcement and execution opportunities for a substantial and unpredictable quantity of time. However, legislative changes go a […]

Federal Judge Designates Kent Lindemuth Personal Bankruptcy Fraud Case To Be ‘Intricate’

Topeka genuine estate developer Kent E. Lindemuth, who is accuseded of more than 100 counts of insolvency fraud, will go back to federal court in late August. Previously this month, US District Court Judge Daniel Crabtree declared the case to be complicated and set up a status hearing to be carried out on Aug. 29. […]